Western Asset High Income Opportunity Fund
HIO
83 hedge funds and large institutions have $202M invested in Western Asset High Income Opportunity Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 13 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
5% more capital invested
Capital invested by funds: $192M → $202M (+$9.67M)
1% more ownership
Funds ownership: 29.45% → 30.44% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less funds holding
Funds holding: 91 → 83 (-8)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.97M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.77M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.49M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.41M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$932K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$920K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$903K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$865K |
| 5 |
SG Americas Securities
New York
|
-$454K |
HIO Hedge Fund Activity: Q3 2017 in Review
83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset High Income Opportunity Fund (HIO) for Q3 2017, worth a combined $202M — up 5% from $192M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HIO and 7 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 28 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.97M. The largest seller was Morgan Stanley, cutting an estimated $932K.
- 83 institutional investors held Western Asset High Income Opportunity Fund (HIO) as of Q3 2017, down from 91 in Q2 2017.
- Funds reported $202M of Western Asset High Income Opportunity Fund stock for Q3 2017, up 5% quarter-over-quarter.
- 7 funds opened new Western Asset High Income Opportunity Fund positions in Q3 2017 and 13 closed out, a net change of -6 holders.
- The largest Western Asset High Income Opportunity Fund buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $2.97M added.
- The largest Western Asset High Income Opportunity Fund seller in Q3 2017 was Morgan Stanley, an estimated $932K sold.
Based on aggregated 13F filings for Q3 2017.